COMMODITY
Copper futures settle higher despite dollar’s rise overseas
Mar-10-2026
Copper futures settled higher on Monday, despite the American currency's rise against its major rivals in overseas markets as the conflict with Iran showed no signs of easing. COMEX copper futures rebounded after prices in China dipped below the 100,000-yuan threshold, it immediately activated opportunistic dip-buying from major Chinese fabricators. Moreover, inventories outside the United States remained extremely tight.

Copper futures for May delivery rose $0.0415 to settle at $5.8485 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.72% at $12,954 a ton.
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